1)
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Submit a written request to the Saskatchewan Real Estate Commission for approval of the name of the corporation that is in accordance with the bylaws. The name must include Professional Corporation, Prof. Corp. or P.C. Once your name has been approved, you will be sent a letter of confirmation and your permit application form.
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2)
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Apply to Saskatchewan Justice, Corporate Registry for Articles of Incorporation.
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Information is available at:
http://www.isc.ca/CorporateRegistry/FormingaCorporation/Pages/default.aspx
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Or from:
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Corporate Registry
1301 - 1st Avenue
Regina, SK
Phone: 306-787-2962
Fax: 306-787-8999
Email: corporateregistry@isc.ca
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Forms required for Corporate Registry:
Articles of Incorporation
Initial Notice of Directors
Initial Notice of Registered Office
Request for Name Availability Search and Reservation
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Procedures for forming a Corporation under The Business Corporations Act:
Name Search $50.00
Incorporation (paper) $265.00
Incorporation (electronically) $215.00
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3)
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Apply to the Saskatchewan Real Estate Commission for a permit. Your application must include:
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A completed application for issuance or renewal of an annual permit by a professional corporation.
A copy of the Certificate of Incorporation.
The appropriate permit fees.
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I.
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NAME OF CORPORATION: When deciding upon the name for your Professional Corporation; you must ensure that the words "Professional Corporation" or the abbreviation "Prof. Corp." or "P.C." are part of your corporate business name.
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II.
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APPLICATION: Identify whether your application will be an initial application or a renewal application. The initial application fee is $500. Attach a copy of the Certificate of Incorporation for your Professional Corporation as registered at Corporate Registry.
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III.
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DESCRIPTION OF CORPORATION MEMBERS: The initial application form requires you to list the shareholders of the Corporation who are eligible to vote; the non-voting share holders and the directors of the Corporation. A registrant applying for a Professional Corporation permit with the Saskatchewan Real Estate Commission must own 51% or more of the common shares of the Professional Corporation. In addition, please refer to Clause 6(1) of The Professional Corporations Act for additional restrictions concerning the registration of a Professional Corporation with Corporate Registry.
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IV.
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EXPIRY DATE: A permit issued for a Professional Corporation expires on December 31st of the year in which it is issued.
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V.
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RENEWAL APPLICATION: The Professional Corporation must file an application for renewal of an annual permit by December 1st of each year for the following year. Failure to file the application for renewal of a permit by December 1st is subject to a late payment fee of $100. The renewal application fee is $200.
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VI.
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CHANGES IN CORPORATE STRUCTURE: A registrant with a professional corporation must immediately notify the registrar of the Saskatchewan Real Estate Commission in writing of any proposed change of name or of any proposed changes to the corporate structure, ownership or directors.
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VII.
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USE OF NAME: A Professional Corporation providing professional services must advertise in the name as stated on the permit issued by the Saskatchewan Real Estate Commission and preceded by the name of the registrant associated with the professional corporation pursuant to section 6 of The Professional Corporations Act (i.e. John Brown Real Estate P.C. Ltd.; John Brown Real Estate P.C. Inc.; John Brown Real Estate Professional Corporation; or John Brown Real Estate Prof. Corp.)
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